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New World Development Co Ltd (0017.HK)

0017.HK on Hong Kong Stock

8.84HKD
22 Jul 2016
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Latest Key Developments (Source: Significant Developments)

New World Development to withdraw listing of the NWCL shares from stock exchange<0017.HK><0917.HK>
Friday, 8 Jul 2016 04:20am EDT 

New World Development Co Ltd <0017.HK>: Application has been made to the stock exchange for the withdrawal of listing of the nwcl shares from the stock exchange . Stock exchange approved the application for withdrawal of listing of nwcl shares from stock exchange with effect from 4 August .  Full Article

New World Development updates on sale and purchase agreement<0017.HK><0659.HK>
Monday, 20 Jun 2016 10:46am EDT 

New World Development Co Ltd <0017.HK>: Gain arising from the disposal will be approximately HK$0.85 billion in the financial year ending 30 June 2016 . Units entered into the sale and purchase agreement . Consideration payable by the purchaser to the vendor is HK$3.75 billion . Sale and purchase agreement in respect of the disposal of Shine Fame and the assignment of debt .  Full Article

New World Development Co Ltd recommends final dividend
Wednesday, 23 Sep 2015 02:29pm EDT 

New World Development Co Ltd:Board recommend a final dividend for the year ended 30 June 2015 of HK$0.30 per share.  Full Article

New World Development Co Ltd declares interim dividend
Thursday, 26 Feb 2015 11:16pm EST 

New World Development Co Ltd:Declared an interim dividend of HK$0.12 per share for financial year ending June 30, 2015, to shareholders registered on March 26.Interim dividend will be payable in cash but shareholders will be given the option of electing to receive interim dividend in form of new shares in lieu of cash in respect of part or all of such dividend.Says that a circular containing details of scrip dividend scheme will be despatched to shareholders together with the form of election for scrip dividend on or about April 14.Expected that dividend warrants and certificates for scrip shares will be posted to shareholders on or before May 22.  Full Article

New World Development Co Ltd and NWS Holdings Ltd announces acquisition of interest in a company engaged in commercial aircraft leasing
Friday, 30 Jan 2015 04:52am EST 

New World Development Co Ltd and NWS Holdings Ltd:Says Natal Global (an indirect subsidiary of NWS), Zion Sky, Investec and Goshawk entered into the share purchase agreement.Says pursuant to which Natal Global agreed to purchase the sale shares and the Notes from Zion Sky at a total cash consideration of about $222.5 mln (equivalent to about HK$1,724.4 mln).Says Goshawk is a company which is engaged in Commercial Aircraft leasing.Says completion is expected to take place on or about Feb. 02 and NWS will own 40 pct equity interest in Goshawk.Says pursuant to the share purchase agreement, Natal Global, Zion Sky, Investec, GAL Partnership and Goshawk shall enter into the shareholders’ agreement on the completion date to regulate their rights and obligations in the operation and management of the business and affairs of Goshawk.Says upon completion, the entire issued share capital of Goshawk will be owned as to 40 pct by Zion Sky, 40 pct by Natal Global, 13.09 pct by Investec and 6.91 pct by GAL Partnership.Zion Sky is wholly-owned by CTFE and CTFE holds about 43.35 pct of the total issued share capital of NWD and about 2.58 pct of the total issued share capital of NWS.NWD holds about 61.31 pct of the total issued share capital of NWS.  Full Article

New World Development Co Ltd's Ballina Enterprises Ltd acquires 40 pct. interest in Sunbig Limited
Tuesday, 27 Jan 2015 04:20am EST 

New World Development Co Ltd:Says that on Jan. 27, 2015, Ballina Enterprises Ltd, wholly owned subsidiary of the company, entered into agreement with Cheung Hung Development (Holdings) Ltd.Pursuant the agreement Cheung Hung Development (Holdings) Ltd conditionally agreed to sell and assign, and Ballina Enterprises Ltd conditionally agreed to purchase and accept assignment of, sale shares and sale loan at consideration, which will be satisfied by way of cash on completion.As at the date of this announcement, 50 pct. of issued share capital of Sunbig is held by Ballina Enterprises Ltd.Upon completion, Ballina Enterprises Ltd will hold 90 pct. of issued share capital of Sunbig and Sunbig will become an indirect non wholly owned subsidiary of the company.  Full Article

New World Development Co Ltd to recommend final dividend
Tuesday, 25 Nov 2014 03:33am EST 

New World Development Co Ltd:Resolved to recommend a final dividend for the year ended June 30, 2014 of HK$0.30 per share to shareholders on the register of members as at Nov. 24.  Full Article

New World Development Co Ltd resolves to recommend final dividend
Wednesday, 24 Sep 2014 12:17am EDT 

New World Development Co Ltd:Resolves to recommend final dividend for year ended June 30, of HK$0.30 per share (2013: HK$0.30 per share) to shareholders whose names appear on register of members of the company on Nov. 24.Expects that final dividend warrants and share certificates for scrip dividend will be despatched to shareholders on or about Dec. 30.  Full Article

New World's NWS says to sell HK logistics centre for $485 mln

HONG KONG, June 21 Hong Kong's NWS Holdings Ltd , a road and port operator, said it would sell its logistics centre to a unit of China Resources Enterprise Ltd for HK$3.75 billion ($485 million) after a strategic review of its assets.